Paris' leading contemporary art museum, the Center Pompidou, announced on February 10 an upcoming permanent exhibition that focuses on the intersection between art and the blockchain represented by non-fungible tokens (NFTs).
According to a February 10 announcement, the Center will feature NFTs from more than 16 digital artists from around the world, including popular collectibles like cryptopunk #110 and Autoglyph #25both donated to the Center Pompidou.
The Center Pompidou acquires a set of works dealing with the relationship between blockchain and artistic creation, including its first NFTs!
The collection includes 18 projects by 13 French and international artists.
More information https://t.co/PXL4O2E9vh pic.twitter.com/sNI7EYtK5Eโ Center Pompidou (@CentrePompidou) February 10, 2023
Xavier Rey, director of the National Museum of Modern Art of France, noted in a statement that the Pompidou Center is "pursuing its interest in digital art, in relation to the blockchain." According to King:
"Web3 is innovative territory that artists have now tapped into to create original and daring works, and this collection reaffirms our support for artists in their conquest of new means of expression, which is the foundation of modern art."
The exhibition, scheduled for this spring, marks NFT's first showing at the internationally renowned Center Pompidou, home to the masterpieces of other artists including Vassily Kandinsky, Frida Kahlo and Henri Matisse.
Related: DeFi, DAO, and NFTs: Crypto Is Redefining How Charities Raise Funds
We are honored to announce that Autoglyph #25 (donated by us) and Cryptopunk #110 (generously donated by our friends at @yugalabs) have been acquired by @Pompidou Center for his permanent collection. pic.twitter.com/q8URwLHbTR
โ Larvae Labs (@larvalabs) February 10, 2023
NFT creator Yuga Labs, which has owned CryptoPunks' intellectual property (IP) since March 2022, said the initiative is part of a legacy project donating Punks to leading arts institutions around the world. The company has already donated CryptoPunk #305 to the Miami Institute of Contemporary Art.
"Seeing CryptoPunk #110 on display at the Center Pompidou, arguably the most prestigious contemporary art museum in the world, is a great moment for the web3 and NFT ecosystem, and we are honored to help drive this cultural conversation," said the co-founder of Yuga Labs. Greg Solano.
NFTs are digital objects that have characteristics such as uniqueness and non-tradeability, verifiable on the blockchain. Based on distributed ledger technology, NFTs can serve as an authentication method for buyers of unique items, proving things like ownership. In particular, they appear in art, music, and in blockchain-based video games.
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